Analyst: Next Nintendo console 'may' release before competition

And statements don't get much vaguer than that, do they? Lazard Capital Markets analyst Colin Sebastian has published an investor note concerning the next round of consoles, full of words such as "may" and "could." According to Sebastian, new hardware is most likely to appear from the industry's major players in 2012, though he thinks Nintendo's next home consolemay release sooner, and could be an upgraded Wii with increased processing power, greater storage for moaning geeks and otaku, and DVD playback capabilities.

Our problem with this? Sebastian seems to automatically assume that Nintendo will simply produce a box stuffed with superior technology. Anybody who has followed Nintendo over the last five years will know that that is probably the last thing the company is likely to do.